Airport departure tax will rise by 67% in the third quarter. Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing ...

Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday. Finance Secretary Paul Chan ...

HONG KONG (AP) — Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday.

Chan attributed improved sentiment in asset markets this year in part to Central Government measures to support Hong Kong's capital market, and the U.S. rate cut cycle. "The stock market saw ...

Hong Kong is facing its toughest fiscal test in three ... has announced a plan to restore fiscal balance by mid-2027. The government will cut recurrent spending by 7%. The government has also ...

Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence (AI) as it seeks to tackle an increasing deficit, authorities said. Finance secretary Paul Chan ...

Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday. Finance Secretary Paul ...